[China Road and Bridge Signs Cambodia Jinba Expressway Project]Recently, CRBC and the Ministry of Public Works and Transport of Cambodia jointly signed the main contract and related appendices of the Phnom Penh-Bavet Expressway Project in Phnom Penh, marking the official implementation of the project. The Phnom Penh-Bavet Expressway is the second expressway in Cambodia after the Jingang Expressway. The project has a total length of about 135 kilometers and adopts the BOT model. The construction period is 4 years and the agreement operation period is 50 years. After the completion of the Jinba Expressway, it will effectively improve the traffic capacity from Phnom Penh, the capital of Cambodia, to the Cambodia-Vietnam border city of Bayu, promote trade between Cambodia and Vietnam, and play the role of an international channel. Edit/Ma Xue
On November 5, 2026, Unit 1 of Qinghai Huadian Golmud Phase I Thermal Power Project, the highest altitude ultra supercritical thermal power project in China, successfully completed a 168 hour trial operation and officially entered commercial operation. The project is located in Golmud City, Haixi Prefecture, Qinghai Province, with an average altitude of about 2850 meters. It will construct two 660MW ultra supercritical indirect air-cooled condensing thermal power units. Editor/Cheng Liting
Maersk announced its third quarter financial report for 2026 on November 5th, with revenue of $18.1 billion, a year-on-year increase of 27%; The profit before interest, tax, depreciation, and amortization was $4.7 billion, and the profit before interest, tax, depreciation, and amortization was $3.3 billion, both higher than the same period last year and the second quarter of this year. Maersk stated that, against the backdrop of maintaining trade resilience and limited capacity due to congestion, the company has achieved revenue growth and significant profit growth by leveraging its strong execution capabilities in business and operations while helping customers cope with ongoing supply chain challenges. Editor/Cheng Liting